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Should retained earnings have a debit or credit balance?
The normal balance in the retained earnings account is a credit. This balance signifies that a business has generated an aggregate profit over its life. H...
Jan 03, 2026 0 views
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Media
Expert insights and detailed technical documentation about Media.
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What is the total income of Google?
In the most recently reported fiscal year, Google’s revenue amounted to 181.69 billion US dollars….Annual revenue of Google from 2002 to 2020 (in billion ...
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What is not taken into account in the gross margin ratio?
The gross profit margin is the percentage of revenue that exceeds the cost of goods sold (COGS). The key costs included in the gross profit margin are dir...
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Which statement is true about an individually billed account?
Calculate the Price Requires each Executive department agency to evaluate the credit worthiness of an individual. Public Law 109-115 Which statement about...
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What is the use of MS Office?
Microsoft Office is a collection of office-related applications. Microsoft Word is used to create documents. Microsoft PowerPoint is used to create presen...
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How is Linux used in companies?
For Computer Reach customers, Linux replaces Microsoft Windows with a lighter-weight operating system that looks similar but runs much quicker on the olde...
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Is it better to have a higher or lower contribution margin?
The closer a contribution margin percent, or ratio, is to 100%, the better. The higher the ratio, the more money is available to cover the business’s over...
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What are the advantages of performance budget?
Performance-based budgeting helps in bringing the transparency in the budget preparation. The performance budget helps in taking better financial decision...
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Why is prepaid a liability?
Prepaid revenue might feel like an asset, but to accountants, it’s a liability. You report the $10,000 in Unearned Revenue in the liability section of the...
Jan 03, 2026 0 views
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What things can you do with Excel?
Complete List of Things You Can Do With Excel Tools, Calculators and Simulations. Dashboards and Reports with Charts. Automate Jobs with VBA macros. Solve...
Jan 03, 2026 0 views
media
How do you assess the condition of an asset?
Asset condition assessments involve monitoring assets periodically and using the data collected from those inspections to determine the condition of each ...
Jan 02, 2026 0 views
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What makes financial information relevant?
A financial statement is relevant when it has data that is valuable enough to make predictions /estimations about future events like calculating the futur...
Jan 02, 2026 0 views
